Soviets Get $400 Million Loan

November 05, 1985

Vneshtorgbank, the Soviet foreign trade bank, has arranged a $400 million, 3-year bankers` acceptance facility to help finance the import of grain from the United States, London bankers reported. The facility will be sold both in the U.S. and Europe but ``will have a North American flavoring,`` one banker said. The program is being led by First Chicago Ltd.